The competitive landscape is changing for retail bank branches. Institutions are investing in innovative branch styles and technologies, but the total number of branches continues to contract year after year.
The pandemic created severe challenges for delivering and managing construction across all sectors over the past two years, and bank branch projects were no exception.
Average bank branch project schedules increased by roughly 15 percent due to the pandemic, and material and labor costs increased across the board. Supply chains are stabilizing, but steady cost inflation is expected to remain throughout 2022.
JLL’s Bank Branch Fit Out Guide provides benchmark costs for a range of bank branch project types across major markets in the United States and Canada.
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CCR 2026 ISSUE 9 | Beauty by Design: How Rigzin Dolma balances brand standards and customer expectations at Waxing the City •
CCR 2026 ISSUE 9 | Beauty by Design: How Rigzin Dolma balances brand standards and customer expectations at Waxing the City •
